Selected Essays on the Dynamics of the Capitalist Economy 1933-1970 PDF Download
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Author: Michal Kalecki
Publisher: CUP Archive
ISBN: 9780521079839
Category : Business & Economics
Languages : en
Pages : 214
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Book Description
Author: Michal Kalecki
Publisher: CUP Archive
ISBN: 9780521079839
Category : Business & Economics
Languages : en
Pages : 214
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Book Description
Author: Richard Kahn
Publisher: CUP Archive
ISBN:
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Lord Kahn was a leading figure in the development of modern economic theory. Not only did he play a vital role in the conception of the new theories of employment and money in the inter-war period, but he also made important contributions to the further development of monetary theory and the theories of economic growth during the last half of the twentieth century. This selection of essays illustrates the broad range of Lord Kahn's achievement, from the path-breaking 'multiplier' article to a recent essay on the growth of corporate firms. It brings together both papers previously published in academic journals and papers published elsewhere, including his important evidence to the Radcliffe Committee and two radio talks on Lord Keynes.
Author: R. Bellofiore
Publisher: Springer
ISBN: 1137335602
Category : Business & Economics
Languages : en
Pages : 262
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Book Description
Rosa Luxemburg, Oskar Lange and Michal Kalecki made important contributions to twentieth century political economy that guided the thinking of their student Tadeusz Kowalik. These contributions are re-examined by renowned economists, highlighting the common themes in their political economy and the neglected aspects of their work.
Author: John Smithin
Publisher: World Scientific Publishing Company
ISBN: 9814525294
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
This book provides a comprehensive overview, in the form of eight long essays, of the evolution of monetary theory over the three-quarters of century, from the time of Keynes to the present day. The essays are originally based on lecture notes from a graduate course on Advanced Monetary Economics offered at York University, Toronto, written in the style of academic papers. The essays are mathematical in method — but also take a historical perspective, tracing the evolution of monetary thought through the Keynesian model, the monetarist model, new classical model, etc, up to and including the neo-Wickesellian models of the early 21st century. The book will be an essential resource for both graduate and advanced undergraduate students in economics, as well as for individual researchers seeking basic information on the theoretical background of contemporary debates.
Author: Ludo Cuyvers
Publisher: Taylor & Francis
ISBN: 1317381831
Category : Business & Economics
Languages : en
Pages : 322
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Book Description
Nearly two hundred years have passed since the birth of Karl Marx and continuing to this day the influence of his economic views, insights and theories can still be felt. However, since the publication of Das Kapital, the scientific community has not been sitting idle – it is time to evaluate Marx as an economist and explore what he can bring to modern economic thinking, particularly post-Keynesian economics. Starting with Marx’s schemes of reproduction, which, it is shown, are the basis of the linear model of production as used since the 1960s by Piero Sraffa, Michio Morishima and others, the book reviews and assesses Marx’s major economic theses. These include: the labour theory of value; accumulation and technical change and its impact on labour; the concept of unproductive labour; the tendential falling rate of profits; the evolution and determinants of the share of wages in national income; as well as short-run and long-run economic dynamics. The Economic Ideas of Marx's Capital updates the theses of the labour theory of value and the conditions for balanced growth using the recent scholarly literature, and also further develops issues related to Marx’s concept of productive labour. Moreover, the book analyses the intellectual relationship of Marx’s economic theory with post-Keynesian neo-Marxism, particularly in the writings of Michal Kalecki, Joan Robinson and others. By doing so, the book shows the need and possibilities of integrating major insights of Marxist and post-Keynesian theory. This volume will be of interest to those who wish to explore Marx’s economic theories through a non-ideological approach, as well as students of Marxist economics, post-Keynesian economics and the history of economic thought.
Author: Jonathan Nitzan
Publisher: Routledge
ISBN: 1134022301
Category : Political Science
Languages : en
Pages : 465
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Book Description
Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an ‘economic’ entity that they count in universal units of ‘utils’ or ‘abstract labour’, respectively. But these units are totally fictitious. Nobody has ever been able to observe or measure them, and for a good reason: they don’t exist. Since liberalism and Marxism depend on these non-existing units, their theories hang in suspension. They cannot explain the process that matters most – the accumulation of capital. This book offers a radical alternative. According to the authors, capital is not a narrow economic entity, but a symbolic quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines. Capital, the authors claim, represents the organized power of dominant capital groups to reshape – or creorder – their society. Written in simple language, accessible to lay readers and experts alike, the book develops a novel political economy. It takes the reader through the history, assumptions and limitations of mainstream economics and its associated theories of politics. It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory of ‘capital as power’ and a new history of the ‘capitalist mode of power’.
Author: Eckhard Hein
Publisher: Edward Elgar Publishing
ISBN: 1803927283
Category : Business & Economics
Languages : en
Pages : 383
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Book Description
Presenting an in-depth overview of the foundations and developments of post-Keynesian macroeconomics since Kalecki and Keynes, this timely book develops a comprehensive post-Keynesian macroeconomic model with the respective macroeconomic policy mix for achieving non-inflationary full employment. Linking the short-run model to long-run distribution and growth theories, the theoretical approach is also applied to current research on macroeconomic regimes in finance-dominated capitalism and on the macroeconomic challenges of the socio-ecological transformation.
Author: Óscar Dejuán
Publisher: Routledge
ISBN: 1134052154
Category : Business & Economics
Languages : en
Pages : 308
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Book Description
At the end of the 20th century, mainstream economics was based on theories which viewed capitalism as a self-regulating system, whereby crises come about due to external shocks and would be automatically corrected by the price mechanism if it was flexible enough. Post-Keynesian economists, however, consider that the business cycle and the crises are endogenously generated. They recommend active policies as a response, though the remedies may be worse than the illness if they are not applied at the right moment and in the right proportions. The first great recession of the 21st century offers post-Keynesian economists an opportunity to prove the realism of their models. It is also a chance to make theoretical improvements, to abandon some hypotheses and to introduce new ones. This book, from a top group of international economists, analyzes the causes, consequences and evolution of the crisis from a variety of post-Keynesian perspectives. It then presents a case for realistic and essential remedies. The book is both theoretical and applied, with a global reach and a particular focus on the European debt crisis.
Author: G. C. Harcourt
Publisher: Oxford University Press
ISBN: 0199359237
Category : Business & Economics
Languages : en
Pages : 528
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Book Description
This two volume Handbook contains chapters on the main areas to which Post-Keynesians have made sustained and important contributions. These include theories of accumulation, distribution, pricing, money and finance, international trade and capital flows, the environment, methodological issues, criticism of mainstream economics and Post-Keynesian policies. The Introduction outlines what is in the two volumes, in the process placing Post-Keynesian procedures and contributions in appropriate contexts.
Author: Óscar Dejuán
Publisher: Edward Elgar Publishing
ISBN: 1800889550
Category : Business & Economics
Languages : en
Pages : 227
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Book Description
This timely book presents a nuanced investigation into the idiosyncrasies of the supermultiplier model, examining its application to residential investment, exports and fiscal policy. It offers an accessible introduction to this growth model, hypothesizing that it is one of the cornerstones of modern macroeconomics.
